Blog
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Common Non-Taxable Income Types You Should Know
Common Non-Taxable Income Types You Should Know It didn’t take long after becoming a dentist to understand just how much the “tax man” taketh from us. Most people spend their entire career focused on earning an income from “taxable” sources. But did you know that there are several non-taxable income types? That’s right, and in…
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How Much Does a Dentist Make A Year?
How Much Does a Dentist Make A Year? If you’re considering going into dentistry or are already a dentist, you may want to know what your income potential really looks like. In this article, we’re going to highlight the different stages of dentistry, from a new graduate to practice ownership and even those who want…
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What Does NNN Mean In Commercial Real Estate Investing?
What Does NNN Mean In Commercial Real Estate Investing? In commercial real estate, NNN refers to a “triple net lease.” This type of lease agreement means the tenant is responsible for covering property expenses such as taxes, insurance, and maintenance. This shifts financial responsibilities from the owner to the tenant, making it favored by commercial landlords to…
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Traction Book Summary: Takeaways for Business Excellence
Traction Book Summary: Takeaways for Business Excellence The book Traction by Gino Wickman is an invaluable resource for business owners and leaders looking to gain control, achieve balance, and ultimately drive success in their organizations. It introduces a practical system, the Entrepreneurial Operating System (EOS), designed to help you overcome key business challenges. The system…
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The Ultimate Guide to RV Park Depreciation and Tax Benefits
The Ultimate Guide to RV Park Depreciation and Tax Benefits Understanding depreciation is key for any real estate investor, especially when investing in RV parks. Depreciation is a significant benefit that can substantially impact your tax situation. In this article, we’ll cover the basics and take a deep dive into Cost Segregation and Bonus Depreciation.…
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Why Flipping Houses is a Bad Idea: The Hidden Costs
Why Flipping Houses is a Bad Idea: The Hidden Costs House flipping has become popular, often glamorized by television shows and success stories. It’s one of the first ways newbie investors get started in real estate. House flipping involves buying properties at a lower market rate, renovating them, and selling them at a higher price…
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How To Invest 100k In Real Estate For Passive Income
How To Invest 100k In Real Estate For Passive Income Investing $100,000 in real estate can be a strategic move toward financial success. I should know, as once I started investing extra money outside the stock market ten years ago, things started to change (for the better). In case you haven’t noticed, numerous investment strategies…
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Doctor AI: Can Artificial Intelligence Improve Healthcare?
Doctor AI: Can Artificial Intelligence Improve Healthcare? Advancements in artificial intelligence (e.g., ChatGPT) and data analytics have led to the development of “doctor AI” solutions that are transforming patient care. These AI-driven tools, such as chatbots and online diagnostic systems, aim to provide fast, accurate, and personalized healthcare advice. Doctor AI applications can analyze health…
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How to Find Top Off-Market Real Estate Deals
How to Find Top Off-Market Real Estate Deals In the world of real estate investment, off-market deals represent a significant opportunity for investors. We acquire most of our RV parks and mobile home parks this way. These are properties that are not listed on Multiple Listing Services (MLS), providing you with exclusive access and potentially more…
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The Great Escape: When Do Doctors Really Retire?
The Great Escape: When Do Doctors Really Retire? Deciding when to retire is a significant consideration for doctors. The ones in my area seem to work well into their 70s and 80s. The age when doctors retire matters because it impacts how many are available to work, patient access to healthcare, and the cost of…
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What is a DSO? Understanding Dental Support Organizations
What is a DSO? Understanding Dental Support Organizations I have been practicing as a periodontist for nearly 20 years. Early in my career, I noticed that only about 1-2 booths at the meetings were related to DSOs or private equity. Now, that number has increased to over 30%. The landscape has certainly changed. In this…
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How Hard Money Loan Requirements Work: A Complete Guide
How Hard Money Loan Requirements Work: A Complete Guide When I first heard the term “hard money loan,” it took me back to my college days when I was broke yet still found a way to play craps. In craps, a “hard way” bet is a wager that a specific pair of doubles (e.g., two…
